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Bitcoin gained over 16 percent on the day, and was trading above $12,000 at 12:35 GMT. This is still well below its $20,000 record.

Ethereum once again surged above $1,000. The cryptocurrency is up by a third this year, but has declined almost $400 from this year’s peak.

Ripple enjoyed the biggest gains among top 10 currencies on the list, trading up 49 percent at $1.58.

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